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This forecast is based on the Elliott Wave Principle which states that investor psychology is the motor behind the stock markets. In this analysis however, the analyst not only observes the previous price patterns, but also takes into account the correlation between different pairs before releasing forecasts.

Elliott waves analysis

12 - 16
September
weekly
forecast
12 - 16
September

BTCUSD Weekly Review Wave Analysis: During the previous trading week, BTC rallied to the upperside but failed to reach the zone 21885-22323. As long as the price does not clearly break above this zone, we expect nothing but a possible rebound from this zone to pick a possible long term sell posi

2022 EURUSD GBPUSD USDJPY
16
September

Wave Analysis: EURO continues to remain within a range, not going above 1.00241 or below 0.99546. As long as the price remains within these range, I am waiting for a break below 0.99546 to pick a possible long term sell position, or a break above 1.00241 to pick a possible long term buy position to

Wave Analysis: The British pound is currently in an active downtrend. As long as the price remains below the two moving averages attached, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of an impulsive wave count and should se pri

Wave Analysis: The US Dollar is currently heading to the upperside. As long as the price remains above the two Moving averages, especially above the 52 period moving average, I expect nothing but a possible momentum to the upperside, the idea will be to keep looking for long term buy positions expe

15
September
14
September
13
September
12
September
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